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World oil prices reach their highest levels in nearly two years By: Times News Service Photo used for illustrative purpose only Muscat: World oil prices closed on Friday at their highest levels in nearly two years, after producers agreed to increase supply from April by a smaller amount than expected. The price of a barrel of Brent North Sea crude for May delivery rose by 3.9 per cent to $69.66 in London, its highest closing price since April 2019. In New York, the price of a West Texas Intermediate (WTI) per barrel for April delivery rose by 3.5 per cent and reached $ 66.9, the highest closing level in 22 months.

New yorkUnited statesSaudi arabiaCity ofUnited kingdomRussian federationMohammad abdullatif alfaresMohamed arkabAlexander novakMohammad sanusi barkindoJoseph mcmonigleFatih birolInternational energy agencyOrganisation of the petroleum exporting countries opecInternational energy forumSymposium on energy outlooks